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Chairperson Succession: Competences, Moderators, and Disclosure
ISBN: 9783658408176 ;ISBN: 3658408162 ;ISBN: 3658408170 ;ISBN: 9783658408169 ;DOI: 10.1007/978-3-658-40817-6
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Title:
Chairperson Succession: Competences, Moderators, and Disclosure
Author:
Germann, Cornel
Subjects:
Board Capital
;
Board of Directors
;
Chairperson
;
Competences
;
Economics, Finance, Business and Management
;
Finance and accounting
;
Finance and the finance industry
;
Moderators
;
Succession Planning
;
thema EDItEUR
;
Voluntary Disclosure
Description:
This open access book empirically analyses the competences (input), moderators (process), and disclosure (output) of board chair succession practices for publicly listed organisations in Switzerland. As primus inter pares (Latin for first among equals), the chair of the board of directors holds a unique organisational position. For fulfilling the non-transferable duties pursuant to Article 716a revCO, it is essential that the chair is a person who has rational economic and socio-emotional skills. To date, however, it is unclear how organisations structure the search for a chairperson. On the one hand, this ambiguity arises from a legal perspective, as succession-related formal regulations (hard law) or best-governance principles (soft law) are rare and often lack specificity, and, on the other hand, from a business perspective, as there is a lack of sufficient attention and diligence. Previous research on board governance has primarily focused on the dyadic relationship between board composition and organisational performance (board effectiveness research). However, as board succession is a dynamic process, the research focus should go beyond a pure output/performance paradigm.
Publisher:
Wiesbaden: Springer Nature
Creation Date:
2023
Format:
261
Language:
English
Identifier:
ISBN: 9783658408176
ISBN: 3658408162
ISBN: 3658408170
ISBN: 9783658408169
DOI: 10.1007/978-3-658-40817-6
Source:
OAPEN
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